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To try to provide a shared understanding of what college degrees mean - but without turning that into a government or other mandate - the Lumina Foundation for Education is releasing a draft of its Degree Qualifications Profile. The profile is intended to establish what the recipients of associate, bachelor's and master's degrees should know and be able to do. (Inside Higher Ed, 01/25/11)

The profile is a framework for defining and ultimately measuring the general knowledge and skills that individual students need to acquire in order to earn degrees at various levels, such as associate, bachelor's and master's degrees. (Lumina Foundation for Education, January 2011)